INDIAN ECONOMY QUIZ

Which of the following is not an undertaking under the administrative control of Ministry of Railways?

Container Corporation of India Limited

Indian Railways Construction Company Limited

Diesel Locomotive Works, Varanasi

Konkan Railway Corporation Limited

TRUE ANSWER : ?
YOUR ANSWER : ?

Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:

the year 2000

the year 2001

the year 2003

the year 2005

TRUE ANSWER : ?
YOUR ANSWER : ?

Devaluation of a currency means

all of the listed here

reduction in external value/exchange value of currency by the government

fall in exchange value of a country by market forces

reduction in currency value due to wear and tear

TRUE ANSWER : ?
YOUR ANSWER : ?

Of the gross tax revenue of the Union Government the indirect taxes account for nearly

90 per cent

80 per cent

65 per cent

70 per cent

TRUE ANSWER : ?
YOUR ANSWER : ?

Inflation is measured in India on the basis of which ‘Index’?

Consumer Price Index for urban workers

Consumer Price Index for agricultural workers

Wholesale Price Index

National income deflation

TRUE ANSWER : ?
YOUR ANSWER : ?

Paper currency first started in India in

1867

1862

1861

1863

TRUE ANSWER : ?
YOUR ANSWER : ?

Depreciation means

loss of equipment over time due to wear and tear

closure of a plant due to labour trouble

destruction of a plant in a fire accident

closure of a plant due to lock out

TRUE ANSWER : ?
YOUR ANSWER : ?

During which five Year plan was phase of heavy industrialization initiated?

Second five year plan.

Third five year plan

Fourth five year plan

First five year plan

TRUE ANSWER : ?
YOUR ANSWER : ?

National Rural Health mission was launched in:

38534

38626

38565

38443

TRUE ANSWER : ?
YOUR ANSWER : ?

States earn maximum revenue through

excise duties on intoxicants

land revenue

commercial taxes

commercial taxes

TRUE ANSWER : ?
YOUR ANSWER : ?

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